Terago Inc. · TSX:TGO
Terago — Q3 2023 Earnings Presentation
9 slides from Terago's earnings presentation, Nov 9, 2023
Slide 1: Q3 2023 Earnings Conference Call
Q3 2023 Earnings Conference Call November 9, 2023
Slide 2: Forward-Looking Information
Forward-Looking Information 2 This presentation includes certain forward-looking statements that are made as of the date hereof and are based upon current expectations, which involve risks and uncertainties associated with our business and the economic environment in which the business operates. All
Slide 3: Non-GAAP Measures
Non-GAAP Measures 3 Adjusted EBITDA ARPU The term “ARPU” refers to the Company’s average revenue per customer per month in the period. The The term “EBITDA” refers to earnings before deducting interest, taxes, depreciation and amortization. The Company believes that ARPU is useful supplemental infor
Slide 4: Philip Jones, Chief Financial Officer
4 Philip Jones Chief Financial Officer
Slide 5: Connectivity Revenue
2014 Connectivity All $ figures in CAD millions Q3 2022 Q4 2022 $6.5 $6.3 Q1 2023 $6.5 Q2 2023 $6.5 Connectivity Revenue Q3 2023 $6.5 5
Slide 6: Key Operating Metrics
Key Operating Metrics 6 Backlog Monthly Recurring Revenue ($) Average Revenue Per User ($) Churn Rate (%) Connectivity Connectivity Connectivity $178,948 $138,893 $132,929 $85,471 $75,963 $1,099 $1,063 $1,101 $1,104 $1,127 1.3% 1.2% 0.9% 0.9% 0.7% Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q3'22 Q4'22 Q1'23 Q2'2
Slide 7: Q3 2023 Financial Highlights
Q3 2023 Financial Highlights 7 Total Revenue ($ millions) $6.6 $6.5 Q3 2022 Q3 2023 5 Net Loss ($ millions) 2.00 Adjusted EBITDA ($ millions) 4.5 1.80 4 1.60 3.5 $3.1 1.40 3 $2.9 1.20 2.5 1.00 $0.9 2 0.80 $0.6 1.5 0.60 1 0.40 0.5 0.20 0 0.00 Q3 2022 Q3 2023 Q3 2022 Q3 2023
Slide 8: Capital Expenditures & Liquidity
Capital Expenditures & Liquidity 8 Capital Expenditures ($ millions) Balance Sheet at September 30, 2023 ($ millions) Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 7 30.0% 6 30.8% 25.0% 5 24.2% 23.1% 20.0% 4 15.1% 14.1% 15.0% Cash and cash equivalents $2.9 3 $2.0 10.0% 2 $1.5 $1.5 $0.9 $1.0 5.0% Short-Term Investme
Slide 9: Connectivity Powering Change
CONNECTIVITY POWERING CHANGE TERAGO))